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Buy Existing Home or Build a New Home? Tips to Help You Decide
Buy Existing Home or Build a New Home? Tips to Help You Decide
The idea of moving to a new Salt Lake City home is exciting, but before you start packing up your home and scheduling a mover, you need to decide if you are going to build a home (new construction) or buy something that is already built. Many homeowners don’t really know if there are advantages or disadvantages to each, so here are a few tips to help you decide which is best for you.Timing
Building a new home will take longer than buying a home that is already built—it’s not good or bad, necessarily, it’s just the reality of new construction. Most new homes will take a few months, while an existing home will take only the time required to put in an offer, get it approved, and for the sellers to move. There are a few options that provide the best of both worlds—new construction plus a short move-in timeline—but these quick move-in homes are not guaranteed to be available in the style and neighborhood and from the new home builder that you want.Budget for Existing or Building
Building a new home can be more expensive than purchasing an existing home, especially if raw material prices are high at the time, or if you want to build during peak season (spring and summer) when contractors are busy. You may also decide that you want to include upgrades from the base model offered by the builder, which can increase your final purchase price.Customization
Perhaps the number one reason that most people want to build their own home is the ability to customize it so the finished product is exactly what you want. You can choose from different floorplans, pick out carpet colors, cabinets, flooring, and more so the layout, designs, and décor fit your style. To customize an existing home you would have to purchase it and then pay for remodeling with a home equity loan, credit cards, or cash.Warranties
Brand new homes come with brand new things, including appliances, wiring, plumbing, and more. They are thoroughly inspected during the process so you get a safe home with items that are likely to still work—and if they don’t, quality new home builders will offer a warranty to fix it within the first few months or years.Additional Costs
Finally, building a new home may also come with some additional costs that won’t be built into the mortgage, such as landscaping or window coverings. Be sure you budget for these things so you don’t find out that you have a wonderful new home, but you cannot afford to create the aesthetic that you want. There is no right or wrong choice, it depends on your needs, but it’s important to understand the tradeoffs between the two so you can figure out which home option is best for your situation.
HAMLET HOMES OPENS NEW MODEL HOMES AT CROFTER’S COVE
HAMLET HOMES OPENS NEW MODEL HOMES AT CROFTER’S COVE
Golf Course Setting and Stunning Views Surround the Community
SYRACUSE, UTAH (March 17, 2006) — Hamlet Homes has announced the opening of its two new model homes at Crofter’s Cove, a residential community located adjacent to the Glen Eagle Golf Course in Syracuse, Utah. The new homes, the Chay and the Victoria, are part of Hamlet’s Stuart series and are two of nine home styles available at the golf course community. The Victoria and the Chay offer several options to homebuyers. The Chay is a two-story home featuring 3,097 square feet of living space with upgrades of up to four and five bedrooms and up to three full baths. The Victoria model is a multi-level home that includes 3,043 square feet of space, a master grand bath upgrade and a second floor family or game room. “The Victoria and Chay offer several upgrade options for home owners to enhance and customize their home,” said David Irwin, Hamlet Homes vice president and director of marketing. “Both models add to the value and selection of the Crofter’s Cove community.” Additional interior features at Crofter’s Cove include central air, a two-story entry foyer with tile floor, a full unfinished basement and a family-sized, fifty-gallon hot water heater. Homes will have two- to three-and-a-half baths and three to six bedrooms. Kitchens will feature GE appliances, an icemaker water line and a double-bowl stainless steel sink. Exterior features will include full stucco with brick detail, a 10×12 foot concrete patio extending into the back yard, two coach lights at the front garage, 30-year architectural shingles and fully landscaped yards. While most homes at Crofter’s Cove will include a two-car garage, a limited number of three-car garage homes will also be available. The Crofter’s Cove community offers home lots with serene landscapes and beautiful views of the Glen Eagle Golf Course. Residents can choose homes that back up to various sections of the course and overlook the tee-box, fairway or green. As part of Hamlet’s Stuart series, the Victoria and Chay are named after historic Scottish figures. The Victoria’s namesake is the famous British monarch who made her family home at Balmoral Castle in Scotland, while the Chay is named in honor of Scotland’s Sir Chay Blythe who is known for his famous journey across the Atlantic. The Crofter’s Cove sales office is located at 1383 South Hawthorne Lane. To reach the office, take exit 335 off I-15 in Layton and head west. Crofter’s Cove is located off of 1700 South (also known as Antelope Drive or State Route 127) between 3000 and 4000 West. Turn right onto Doral Drive, then a second right onto Brookshire Drive. Watch for signs on the left that direct you to the sales office and the Crofter’s Cove Park. The office is open Monday through Saturday from 11 a.m. to 6 p.m. and Sundays from noon to 5 p.m. For more information on this community, contact Heidi Skaggs at (801) 614-5022 or visit Hamlet Homes’ http://www.hamlethomes.com.About Hamlet Homes
Hamlet Homes crafts quality, customer-driven homes—ranging from condominiums and townhomes to single family homes—located in attractively designed neighborhoods for homebuyers in northern Utah. Since the company’s founding in 1995, Hamlet Homes has developed more than 3,360 lots and constructed more than 2,250 homes in 33 communities. The company is continually striving to meet and exceed the expectations of its homebuyers and convey its motto of “Great Homes. Great People. Great Experience.” In 2004 and 2005, Hamlet was awarded the Builder of Integrity Award from the Quality Builders Warranty Corporation, and in 2003 and 2004, Hamlet was awarded Utah’s Best of State medal for residential construction. Located in Salt Lake City, Utah, Hamlet Homes is part of the Hamlet group of companies, which also includes Hamlet Development, Stirling Mortgage and Diversified Habitats.HAMLET HOMES HONORS ITS TOP TRADE CONTRACTORS FOR 2005
HAMLET HOMES HONORS ITS TOP TRADE CONTRACTORS FOR 2005
SALT LAKE CITY (March 27, 2006) — Four building-trade contractors were honored March 21, at Hamlet Homes’ Annual Awards Banquet and were recognized for the significant role they play in Hamlet’s continued success and reputation for quality and value in northern Utah. Award recipients included:- Professional Electrical Services — Trade Contractor of the Year
- C & A Doors and Millwork — Supply Contractor of the Year
- Shamrock Plumbing — Service Contractor of the Year
- Peterson and Associates — Quality Contractor of the Year
HAMLET HOMES’ INVERNESS SQUARE OPENS MODEL HOMES IN MURRAY
HAMLET HOMES’ INVERNESS SQUARE OPENS MODEL HOMES IN MURRAY
Spacious model homes, the Aberdeen and Turnberry, represent Hamlet’s Pioneer Series
MURRAY, UTAH (April 10, 2006) — Hamlet Homes has opened two new model homes at Inverness Square, a residential townhouse community in central Murray City. Located at 297 West Apple Cross Way (4800 S.), the Aberdeen and Turnberry models are open to visitors Monday – Saturday from 11 a.m. to 7 p.m. and on Sundays from noon to 5:00 p.m. Both homes, from Hamlet’s Pioneer Series, feature spacious designs with 1,720 square feet of living space, two-to-three bedrooms, up to three-and-a-half baths and full, unfinished basements. The homes’ standard features include two bedrooms, two baths, a family room and air conditioning. Homeowners can purchase upgrade options including a fireplace and space for a built-in entertainment center with additional upgrades available at Hamlet’s Design Center. “The Aberdeen and Turnberry floor plans feature several options that will allow buyers to personalize their homes. In addition to the numerous bedroom and bathroom upgrades, the unfinished basement invites residents to be creative and craft a unique area in their home,” said Dave Irwin, Hamlet Homes’ vice president and director of marketing. Inverness Square is the first community of its kind in Murray City and reflects the principles of New Urbanism, an attractively designed urban neighborhood that revitalizes an area through enhanced streetscapes, a sense of community and advanced technologies. Residents of Inverness Square enjoy several community amenities, including tree-lined sidewalks, a central common area for families, and UTOPIA Community MetroNetTM (Utah Technology Open Infrastructure Agency), an ultra-broadband fiber optic network providing premier TV, Internet and phone service. TRAX, I-15 and Intermountain Health Care’s new Intermountain Medical Center Campus are also in close proximity to Inverness Square. For additional information on homes at Inverness Square, visit www.hamlethomes.com or contact Yosh Ryujin at the Inverness Square sales office at (801) 261-0209.About Hamlet Homes
Hamlet Homes crafts quality, customer-oriented homes—ranging from condominiums and townhomes to single family homes—located in attractively designed neighborhoods for homebuyers in northern Utah. Since the company’s founding in 1995, Hamlet Homes has developed more than 3,360 lots and constructed more than 2,250 homes in 33 communities. The company is continually striving to meet and exceed the expectations of its homebuyers and lives up to its slogan of “Great Homes. Great People. Great Experience.” In 2004 and 2005, Hamlet was awarded the Builder of Integrity Award from the Quality Builders Warranty Corporation, and in 2003 and 2004, Hamlet was awarded Utah’s Best of State medal for residential construction. Located in Salt Lake City, Utah, Hamlet Homes is part of the Hamlet group of companies, which also includes Hamlet Development, Stirling Mortgage and Diversified Habitats.HAMLET HOMES CELEBRATED GRAND OPENING OF INVERNESS SQUARE COMMUNITY IN MURRAY CITY
HAMLET HOMES CELEBRATED GRAND OPENING OF INVERNESS SQUARE COMMUNITY IN MURRAY CITY
Community modeled after New Urbanism and first to feature UTOPIA’s high-speed fiber optic technology
MURRAY, UTAH (April 17, 2006) – Hamlet Homes and Murray City celebrated a VIP grand opening – ‘Get Connected’ – on April 13 for Hamlet’s newest residential community, Inverness Square, a 105-townhome community located at 297 West Apple Cross Way (4800 South). Approximately 200 guests and VIPs from Murray City, Salt Lake County, UTOPIA (Utah Telecommunication Open Infrastructure Agency), MSTAR and Inverness Square homeowners joined with Michael Brodsky, owner and chairman of Hamlet Homes, and other Hamlet VIPs in an official ribbon-cutting ceremony. In addition, MSTAR showcased UTOPIA’s technology through a live video conferencing with VIPs in Provo and the Netherlands. “Inverness Square is a unique representation of the re-emergence of an urban Wasatch Front neighborhood,” said Dave Irwin, Hamlet Homes’ vice president and director of marketing. “Inverness is the first community of its kind in Murray City to feature the principles of New Urbanism, an attractively designed urban neighborhood that revitalizes an area through enhanced streetscapes, a sense of community and advanced technologies.” The community is built on acreage that is part of a former industrial site in Murray City now being redeveloped. In recent years, the neighborhood around 5300 South and State Street has undergone significant revitalization with the arrival of a new retail-shopping-dining complex, The Pointe at 53rd, and Intermountain Healthcare’s new flagship hospital, Intermountain Medical Center. In addition, residents of Inverness Square will enjoy many community amenities, including tree-lined sidewalks and a central common area for families, as well as close proximity to I-15, TRAX and Murray City schools. These areas help Inverness Square embrace the principles of “New Urbanism” through walkability, light rail and a mixed-use neighborhood. Hamlet’s townhome community will have an urban look and feel with brick and stucco exteriors. Elevations will resemble downtown residential areas of eastern communities like Boston and Baltimore. Federal-style architectural touches will extend to lighting and fencing, and black iron railings will border front stoops. Inverness Square is also the first new home residential community in Murray City to feature UTOPIA Community MetroNetTM’s high-speed fiber optic technology, providing residents with advanced voice, video and internet communications. Through its partnership with UTOPIA, Inverness Square’s Home Owner’s Association has contracted to provide homebuyers with the most-advanced, high-speed internet, phone and digital television through MSTAR.NET. Inverness Square offers homebuyers tremendous value with prices starting in the low $160s. The community is being built in two phases on a six-acre site and will be completed in 2007. The townhomes are available in two home styles, the Aberdeen and Turnberry, from Hamlet’s Pioneer Series. The Scottish names are derived from actual historic towns in Scotland, and the series’ name reflects the fact that new homeowners at Inverness Square can consider themselves pioneers in a brand new urban residential community. The Inverness Square Sales Center is open Monday – Saturday from 11 a.m. to 7 p.m. and Sundays from 12 noon to 5 p.m. To learn more about Inverness Square, contact Yosh Ryujin at (801) 261-0209 or visit Hamlet Homes at www.hamlethomes.com.About Hamlet Homes
Hamlet Homes crafts quality, customer-oriented homes—ranging from condominiums and townhomes to single family homes—located in attractively designed neighborhoods for homebuyers in northern Utah. Since the company’s founding in 1995, Hamlet Homes has developed more than 3,360 lots and constructed more than 2,250 homes in 33 communities. The company is continually striving to meet and exceed the expectations of its homebuyers and lives up to its slogan of “Great Homes. Great People. Great Experience.” In 2004 and 2005, Hamlet was awarded the Builder of Integrity Award from the Quality Builders Warranty Corporation, and in 2003 and 2004, Hamlet was awarded Utah’s Best of State medal for residential construction. Located in Salt Lake City, Utah, Hamlet Homes is part of the Hamlet group of companies, which also includes Hamlet Development, Stirling Mortgage and Diversified Habitats.HAMLET HOMES SIGNS CONTRACT AT DAYBREAK
HAMLET HOMES SIGNS CONTRACT AT DAYBREAK
Neighborhood will feature single-family homes, townhomes and mansion-style townhomes
SOUTH JORDAN, UTAH (May 1, 2006) — Hamlet Homes has secured 117 lots at Daybreak, Kennecott Land’s planned mixed-use community located on Salt Lake’s west bench. Hamlet’s newest neighborhood in Daybreak’s second village, Eastlake, will consist of single-family homes, townhomes, and mansion-style townhomes. “Daybreak is a wonderful location for future homebuyers,” said Dave Irwin, Hamlet Homes’ vice president and director of marketing. “We are thrilled to have the opportunity to develop a new neighborhood featuring exceptional homes for this beautiful and innovative master-planned community.” “Hamlet Homes brings a wealth of experience and has an excellent reputation for customer service and building attractive, quality homes,” said Ty McCutcheon, director of residential development for Kennecott Land. “We are excited to have them join the builder team at Daybreak and we look forward to welcoming their homebuyers as Daybreak residents.” Hamlet will begin taking reservations on May 1 with 37 single-family homes available in the first release. These spacious homes will be located on Topview Road in Eastlake, just northeast of the Daybreak Information Pavilion and close to Oquirrh Lake. The homes are also located near the proposed new temple site by The Church of Jesus Christ of Latter-day Saints. Hamlet’s single-family homes will range in size from 2,800 to 3,200 square feet and sell in the high $200,000s. Three floor plans – the Westhaven, Stonehaven and Seacliff, named after places in Scotland – will feature several options that will allow buyers to personalize their homes. Standard home features include three-to-four bedrooms, up to three-and-a-half baths, full-unfinished basements, granite countertops, central air conditioning, low-E windows, high-speed wiring and more. Homeowners can purchase additional upgrades including a gourmet kitchen, fireplace, cathedral ceilings, hardwood floors, and upgraded lighting and bath fixtures. In addition to the home upgrades, the unfinished basement invites residents to be creative and design a unique area in their home. All Hamlet homes will be Energy Star trademarked certified. For additional information on homes at Daybreak, call (801) 253-6801, or visit www.hamlethomes.com.About Hamlet Homes
Hamlet Homes crafts quality, customer-oriented homes, ranging from condominiums and townhomes to single family homes, located in attractively designed neighborhoods for homebuyers in northern Utah. Since the company’s founding in 1995, Hamlet Homes has developed more than 3,360 lots and constructed more than 2,250 homes in 33 communities. The company is continually striving to meet and exceed the expectations of its homebuyers and live up to its slogan of “Great Homes. Great People. Great Experience.” In 2004 and 2005, Hamlet was awarded the Builder of Integrity Award from the Quality Builders Warranty Corporation, and in 2003 and 2004, Hamlet was awarded Utah’s Best of State medal for residential construction. Located in Salt Lake City, Utah, Hamlet Homes is part of the Hamlet group of companies, which also includes Hamlet Development, Stirling Mortgage and Diversified Habitats.HAMLET HOMES BREAKS GROUND ON PHASE II OF MAPLES COMMUNITY IN WEST JORDAN
HAMLET HOMES BREAKS GROUND ON PHASE II OF MAPLES COMMUNITY IN WEST JORDAN
WEST JORDAN, UTAH (April 20, 2006) — Hamlet Homes recently broke ground on the Phase II of its West Jordan community, The Maples at Jordan Hills located at 7605 S. 6700 W. Presales of the new phase have already begun, which consists of 58 homes from Hamlet’s Castle Series. In addition, Phase II will feature a community clubhouse and swimming pool that will officially open this May. “The Maples Phase II will be a wonderful addition to the growing community in West Jordan,” said Dave Irwin, Hamlet Homes’ vice president and director of marketing. “Phase I has completely sold out, and we expect homes in Phase II to sell at an even quicker pace.” The Maples offers single-family homes situated in groups of four that share a circular driveway, and homebuyers can choose from three home styles, the Balfour, Castle Mar and Dunrobin. Homes range from 1,880 to 2,220 square feet and prices start in the high $190s. Construction of Phase II will be complete in 2007. The Maples sales office is located at 7605 South 6700 West in West Jordan, Utah. To reach the office, take I-15 to exit 298. Travel west on 9000 South to Bangerter Hwy. Turn right, continuing to 7800 South. Turn left at 7800 South and travel west to 6700 West. Turn right and continue to Maple Haven Drive (7550 South). To learn more about the community, contact sales representative John Dowdle at (801) 282-5939 or visit the Hamlet Homes Web site at www.hamlethomes.com.About Hamlet Homes
Hamlet Homes crafts quality, customer-oriented homes, ranging from condominiums and townhomes to single family homes, located in attractively designed neighborhoods for homebuyers in northern Utah. Since the company’s founding in 1995, Hamlet Homes has developed more than 3,360 lots and constructed more than 2,250 homes in 33 communities. The company is continually striving to meet and exceed the expectations of its homebuyers and live up to its slogan of “Great Homes. Great People. Great Experience.” In 2004 and 2005, Hamlet was awarded the Builder of Integrity Award from the Quality Builders Warranty Corporation, and in 2003 and 2004, Hamlet was awarded Utah’s Best of State medal for residential construction. Located in Salt Lake City, Utah, Hamlet Homes is part of the Hamlet group of companies, which also includes Hamlet Development, Stirling Mortgage and Diversified Habitats.HAMLET HOMES TO CELEBRATE OPENING OF COMMUNITY CLUBHOUSE AND POOL AT THE MAPLES IN WEST JORDAN
HAMLET HOMES TO CELEBRATE OPENING OF COMMUNITY CLUBHOUSE AND POOL AT THE MAPLES IN WEST JORDAN
Celebration will include a special ribbon cutting seremony and give aways from B 98.7
WEST JORDAN, UTAH (May 18, 2006) — Just in time for spring’s warmer temperatures, The Maples at Jordan Hills, a Hamlet Homes’ community in West Jordan, will celebrate the opening of the community clubhouse and pool on Saturday, May 20 from 3 – 5 p.m. at 7605 South 6700 West. Residents and future homebuyers will enjoy live radio tunes and prize giveaways from B98.7, a chuck wagon meal and ribbon cutting ceremony. Throughout the grand opening, B98.7 will conduct a live broadcast from Hamlet’s model homes during their “coolest house on the block” segment. During this time, residents and listeners will receive free snow cones, fun prize giveaways, and an opportunity to win a year’s supply of food from the popular My Girlfriend’s Kitchen. “We are pleased to offer these new amenities to residents at The Maples,” said David Irwin, Hamlet Homes’ vice president of sales and marketing. “We hope the clubhouse and pool will create a unique sense of community that will be perfect for neighborhood barbeques, family parties and community yard sales.” The Maples’ nearly 1,000-square-foot new clubhouse will feature a weight room, small seating area, and separate restroom and showers. Following a workout, residents can relax on the spacious decks surrounding the fenced-in pool. Homeowners will be given individual security key passes, called i-buttons, to access the clubhouse and pool, which will be managed by Desert Edge Property Management. Both the pool and clubhouse will be available to residents for private party reservations. The Maples offers single-family homes with prices starting in the low $200s. Homes range from 1,880 to 2,220 square feet and are situated in groups of four that share a circular driveway. Hamlet Homes recently began construction of Phase 8, which will feature 58 new homes. To learn more about the community, contact the sales office at (801) 282-5939 or visit the Hamlet Homes Web site at www.hamlethomes.com.About Hamlet Homes
Hamlet Homes crafts quality, customer-oriented homes, ranging from condominiums and townhomes to single family homes, located in attractively designed neighborhoods for homebuyers in northern Utah. Since the company’s founding in 1995, Hamlet Homes has developed more than 3,360 lots and constructed more than 2,250 homes in 33 communities. The company is continually striving to meet and exceed the expectations of its homebuyers and live up to its slogan of “Great Homes. Great People. Great Experience.” In 2004 and 2005, Hamlet was awarded the Builder of Integrity Award from the Quality Builders Warranty Corporation, and in 2003 and 2004, Hamlet was awarded Utah’s Best of State medal for residential construction. Located in Salt Lake City, Utah, Hamlet Homes is part of the Hamlet group of companies, which also includes Hamlet Development, Stirling Mortgage and Diversified Habitats.